Barclays Bank of Botswana Limited (BARC.bw) HY2019 Interim Report

first_imgABSA Bank of Botswana Limited (ABBL.bw) listed on the Botswana Stock Exchange under the Banking sector has released it’s 2019 interim results for the half year.For more information about ABSA Bank of Botswana Limited (ABBL.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the ABSA Bank of Botswana Limited (ABBL.bw) company page on AfricanFinancials.Document: ABSA Bank of Botswana Limited (ABBL.bw)  2019 interim results for the half year.Company ProfileAbsa Bank of Botswana Limited formerly (Barclays Bank of Botswana Limited) is an established financial services group; providing solutions in the retail, commercial and corporate sector in Botswana. The group has a national footprint, with 34 branches and 75 ATMs located in the major towns and cities of Botswana. Its personal banking products and services range from savings and fixed deposits to graduate loans, funeral cover and smart phone banking services. Its business banking division provides the standard solutions for commercial and corporate transactions, investments and loans, as well as an array of specialised financial solutions such as treasury services, foreign exchange and currency repo, risk management and trade finance products. Absa Bank of Botswana Limited is a subsidiary of Barclays Africa Group Limited.last_img read more

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How I’d invest £2k in this FTSE 100 stock market crash

first_imgSimply click below to discover how you can take advantage of this. Andy Ross | Saturday, 4th April, 2020 Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Our 6 ‘Best Buys Now’ Shares Andy Ross owns shares in Diageo, Lloyds Banking Group and Persimmon. The Motley Fool UK has recommended Diageo, Hargreaves Lansdown, ITV, and Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997”center_img Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. How I’d invest £2k in this FTSE 100 stock market crash The stock market is well down from where it started the year. In my opinion, this makes now a good time to buy up undervalued FTSE 100 shares, ahead of any potential recovery in the stock market. Right now, bad news is priced into the share of high-quality companies. This means they could bounce back strongly in the coming months. Especially so, when investors get more certainty around the economic damage the coronavirus is causing.Focus on FTSE 100 shares with growth potentialAs a strategy for making the most of the recent share prices dips, I’d suggest focusing on buying shares from the FTSE 100 which have growth potential. Focusing on the FTSE 100 gives you access to some of the most established brands. These companies very often have a strong international reach. This lessens their reliance on the UK for revenue and profits. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…They also tend to have the most experienced management teams who can navigate through tricky waters such as the ones we are in now. They should also have the balance sheet strength to come through the crisis still trading. Unfortunately, this is something many smaller firms won’t be able to achieve.To find shares with growth potential I’d suggest looking at companies in sectors that are growing, for example, technology, infrastructure, and housebuilding. Then I’d look at how operating profits are increasing year-on-year and on dividend growth. A lower dividend yield may also indicate a share more focused on growth.To check the financial strength of a share, I’d look at net debt and the current ratio. I would then check recent news to make sure there hasn’t been a profit warning because of COVID-19.Examples of these types of sharesI’d be tempted to invest any £2,000 I could in the market in shares such as Hargreaves Lansdown and Diageo. These companies all have strong balance sheets and cash flow, sustainable levels of debt, and can grow their dividendsIf you want to take a bit more risk and combine long-term growth with short-term recovery potential then consider shares such as ITV, Lloyds, and Persimmon. These names have seen their share prices take a beating, but may be worth investing in. They are cyclical companies, so will be hit harder by coronavirus in the short term. If you want to find shares with high recovery potential, then it’s worth looking at highly cyclical sectors such as banks, luxury goods, and housebuilders. Many shares in these sectors are trading on price-to-earnings ratios of less than 10. In some instances, less than 5, which indicates they may be undervalued and cheap.Another opportunity may lie outside the FTSE 100. Spread betting company CMC Markets is likely to have profited from the market volatility in recent weeks.Foolish takeawayI’d use £2,000 to invest in FTSE 100 shares right now. Share prices have fallen steeply in the last two months but plenty of high-quality companies have growth and recovery potential, especially once economic conditions improve. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Andy Rosslast_img read more

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This under-the-radar FTSE 250 growth stock is up 250% since the market crash!

first_img Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. One of the unsung stars of the FTSE 250 index since the 2020 stock market crash is surely Watches of Switzerland (LSE: WOSG). Trading around the 180p level back then, its share price has since soared 250% to 640p by yesterday. Let’s look at why and whether I’d buy it. FTSE 250 starDecember’s interim results — covering the 26 weeks of trading to 25 October — were certainly encouraging. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Despite 2020 being such a tough year for most businesses, WOSG still managed to generate a little over £414m in revenue. In reported terms, this represented a decline of 3.4%. That’s not ideal but it’s far from disastrous considering the impact of the coronavirus on airport and tourist sales. The reduction of trading hours didn’t help either.Statutory pre-tax profit for the FTSE 250 business rose to £36.2m over the period compared to a loss of £9m in 2019. No wonder management was keen to describe this performance as “robust“.Can this continue?Quite possibly. Moving into Q3, WOSG said trading in had been “stronger than anticipated” despite ongoing coronavirus restrictions and the second national lockdown in England. Reported revenue for the seven weeks to 13 October was up 11.2%. Perhaps unsurprisingly, online sales over the period more than doubled. As a result of all this, WOSG increased its guidance on full-year revenue to somewhere between £900m and £925m. It was originally in the region of £880m-£910m. Importantly, this guidance even assumed “some further negative trading impact from potential lockdown measures in January and February 2021.” Just as well.Taking the above into account, the performance of Watches of Switzerland’s share price makes sense. Should I be joining the queue to buy the stock?Why I’m temptedAside from recent trading, there are a few reasons why Watches of Switzerland catches the eye. It’s the market leader in the UK and is quickly growing a presence across the pond. Indeed, the firm acquired Analog Shift — a US retailer of pre-owned and vintage watches — to support this strategy. In addition to earnings becoming increasingly geographically diversified, WOSG also sees no material impact of Brexit on its supply chain. Moreover, the market for brands such as Rolex and Patek Philippe tends to be resilient, even through tough economic times.Another thing I really like is that the £1.6bn-cap is taking big steps to strengthen its balance sheet. Back in December, it said net debt at the end of its financial year would be between £60m and £80m. This is lower than previously thought.What’s not to like?Well, the valuation is pretty high. If I wanted to buy WOSG today, I’d need to pay the equivalent of 28 times forecast FY21 earnings. Having said this, a PEG (price/earnings to growth) ratio is around 1.2. A number this low is usually indicative of investors getting a good deal. So, perhaps the price isn’t all that steep after all? Nonetheless, the are other things that don’t quite hit the mark. Returns on capital employed — one of Terry Smith’s favourite ways of identifying quality companies — are pretty average. Margins aren’t exactly high either. The lack of dividends, while understandable for a growth stock, also needs to be considered. On balance, I’m keeping this FTSE 250 on my watchlist for now. Should another period of market mayhem occur in 2021, I may need to get involved.   See all posts by Paul Summers Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. FREE REPORT: Why this £5 stock could be set to surge Simply click below to discover how you can take advantage of this. Enter Your Email Addresscenter_img This under-the-radar FTSE 250 growth stock is up 250% since the market crash! Paul Summers | Friday, 29th January, 2021 | More on: WOSG Get the full details on this £5 stock now – while your report is free. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images last_img read more

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Is Tate & Lyle a good investment? I weigh up this FTSE 250 UK stock

first_img Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Enter Your Email Address Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” Is Tate & Lyle a good investment? I weigh up this FTSE 250 UK stock FTSE 250 dividend stock Tate & Lyle (LSE:TATE) is a specialist ingredient maker. Concerns were rising that the company was suffering as restaurant lockdowns caused ingredient sales to fall. But third-quarter results showed a positive upturn with 8% revenue growth for the period.Tate & Lyle’s North American division thrived as at-home consumption generated increased sales and out-of-home performance gradually improved. As the Tate & Lyle share price rises in response to good third-quarter results, does this mean it’s onwards and upwards for the stock?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Tate and Lyle share price overviewOver the past five years, the Tate & Lyle share price has risen 10%. However, it has shown extreme volatility during this time. It has a price-to-earnings ratio of 13, its earnings per share are 52p, and its dividend yield is 4.3%. Its steady dividend policy gives it investor appeal and reassurance during share price volatility. But its dividend cover is less than 2 times its earnings, so if the pandemic continues to hamper sales then this could come under pressure. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Kirsteen Mackay | Saturday, 30th January, 2021 | More on: TATE See all posts by Kirsteen Mackay Cutting edge of innovationOne ground-breaking technology Tate & Lyle is involved in is edible food packaging. According to Grand View Research, the edible food packaging market is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2018 to 2025 globally. There are a number of advantages to edible packaging. First, it protects the food against various microbial contaminants and prolongs its life. Then, it also addresses concerns about waste amid the rising consumption of ready-meals.Another area where Tate & Lyle is making strides in is helping companies reduce sugar, fat, and calorie content in their products to make less-fattening foods more easily available. In a recent survey, the company discovered 73% of European bakery manufacturers say reduced sugar and calorie products are their biggest driver of growth. This is likely to be an ongoing theme in selling more ingredients.ExpansionIn fact, last month the FTSE 250 firm confirmed its acquisition of stevia company Sweet Green Fields. I think this purchase will help it expand its global presence in the sweetener production business. In its third-quarter results, it showed strong growth in Asia Pacific, an area where it’s focussed on expanding its footprint.Last year, Tate & Lyle also made moves into the personal care sector with its Texturlux range in North America. This range is a selection of bio-based speciality polymers for skin, hair, and sun care products. This move could prove highly lucrative if it can make successful inroads.ESG awarenessNowadays, awareness of environmental, social and corporate governance (ESG) factors is increasingly important for large companies looking to progress in a globalised world. According to Morningstar company Sustainalytics, Tate & Lyle has a medium risk rating for its exposure to ESG issues. It also received an average risk rating for the way it’s managing these ESG issues. In its trading statement, the company confirms its commitment to achieving ambitious ESG targets.As long as the pandemic persists, there remain risks to the business revenues. Nevertheless, no matter how the economy fluctuates, we still need to eat and consume personal goods. As an ingredient producer for many of our most commonly consumed products, I think Tate & Lyle is in a stable position for growth. It’s a stock I’d consider adding to my Stocks and Shares ISA as a long-term investment. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.last_img read more

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New residency debate after Van der Merwe gets capped then leaves

first_imgTuesday Jan 5, 2021 New residency debate after Van der Merwe gets capped then leaves The announcement of Duhan van der Merwe’s move to Worcester Warriors next season has kindled new criticism over the current residency rules and the Scottish Rugby Union’s ability to keep hold of their players.ADVERTISEMENTThe Edinburgh winger only qualified for Scotland last year on residency, so this announcement comes just a couple of months after he made his debut in the autumn.The blame is not being pointed at van der Merwe in this situation, as he abided by the rules and, in a relatively short career, rugby players deserve to make as much money as possible. The additional backdrop of the current pandemic has also meant that there are financial pressures on clubs and unions, making such a move all the more understandable.Since earning his first Scotland cap in October, the 25-year-old South African’s stock would have only risen, making it harder for Edinburgh to keep hold of him.The main issue is regarding the residency rule and the structures in place to keep hold of Scottish qualified players.World Rugby has already addressed the three-year residency rule by increasing it to five. That will come into place at the end of the year, so van der Merwe is part of the last batch of players that will qualify to play Test rugby after this shorter period.That is cold comfort for those that feel the destructive winger’s stay in the Scottish capital has been far too short.ADVERTISEMENTWhile that will ensure at least two more years of commitment to Scottish clubs, there is nothing in place to keep hold of players after that. This is what differentiates Scotland from England and Ireland, who only pick players playing at home, or Wales, who have a 60-cap rule.This has seen other players in the past move elsewhere once they have qualified, with van der Merwe’s future Worcester teammate Cornell du Preez being another example. But alongside Gloucester’s recruitment of Adam Hastings last month, the winger is just another high profile name to leave Scotland.Ideas are being bandied about to help solve this problem, but a perennial difficulty the SRU faces is trying to compete with the financial powerhouses of Europe in order to keep their talent playing in Glasgow or Edinburgh.The solace that is being taken is that van der Merwe has committed to Scotland, where he is likely to be a mainstay on the wing for years to come.Residency should only stand if you qualify for residency then remain a resident of that country. Too many players doing this (leaving once capped). International selection needs addressing.— John Mounter (@john10mounter) January 4, 2021Really disappointing. He’s a pro and his focus has to be his own career, but hanging around in Scotland until he gets his first cap and then immediately leaving for a bigger pay day is a bitter pill.— marmalade (@marmala18823559) January 4, 2021Big fan of VDM, but makes a mockery of the residency rule, put himself in shop window and took advantage to get big move. There again can’t be great chasing box kicks for 80 mins— Kevin Bulloch (@therealbag11) January 5, 2021I guess if there’s nothing in place that says you won’t get picked for the international team if you don’t play in the country, like Ireland and England have, then players will almost always follow the money. Can’t blame them. Short career.— Matt (@MattLander4) January 4, 2021Got his Scottish qualification through residency so can now feck off to a big pay day at an English club. A well trodden path for those mercenary imports. The SRU should stop giving them caps and nurture our home grown, genuinely Scottish, talent.— Indy2 in 2021 (@ipa1869) January 4, 2021Glasgow and Edinburgh becoming more and more like feeder clubs to England and France…much needed investment needed or national team incentives to remain in Scotland— David McAlpine (@MacDJ1985) January 4, 2021This is on the SRU not DVDM. Fair play to him…the SRU are a complete disgrace…its ok I am sure they will come out and communicate with us all about how they plan to keep both our teams competitive while our best players are over-played and not looked after in the Premiership!— Alsy Pod (@alanwalters6) January 4, 2021Cant blame anyone for maximizing earning potential in a short career – but it emphasizes truly farcical international qualification rules.— Rob Donnelly (@Donnelly10Rob) January 4, 2021ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 23 WEEKS AGO WATCH: The delayed Evans pass which has ex-Premiership… 23 WEEKS AGO 25 insane passes and offloads which completely… 23 WEEKS AGO WATCH: Handre Pollard’s class will have all… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life Reports10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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New Head of Major Donors at Cass Business School

first_img  25 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 11 February 2010 | News New Head of Major Donors at Cass Business School About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Major gift Recruitment / people Angela Bowen has been appointed as the new Head of Major Donors at Cass Business School, London. She has been working in professional fundraising for 15 years, both in the UK and the USA.Most recently, she was the Head of the Institute Campaign at the Institute of Cancer Research in London, and before that she spent four years at the University of Chicago as the Senior Associate Director of Development for the Physical Sciences Division where she helped complete a $100 million campaign.www.cass.city.ac.uk AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

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Court clears journalist in case brought at interior minister’s behest

first_img News CroatiaEurope – Central Asia News News CroatiaEurope – Central Asia to go further Follow the news on Croatia Reporters Without Borders hails a Zagreb criminal court’s decision on 31 January to dismiss the charges that prosecutors had brought against the journalist Zeljko Peratovic at interior minister Tomislav Karamarko’s request (see the 26 November release.) For the past two years, Peratovic has been target of several prosecutions initiated by Karamarko accusing him variously of defamation, violating the confidentiality of a judicial investigation and divulging information liable to disturb public order (see the release of 15 January 2009).We hope that the criminal court’s logical and independent decision marks the end of the campaign to harass Peratovic. Ten RSF recommendations for the European Union RSF_en December 2, 2020 Find out morecenter_img November 23, 2020 Find out more Receive email alerts Organisation News RSF and 60 other organisations call for an EU anti-SLAPP directive June 2, 2021 Find out more Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU February 1, 2011 – Updated on January 20, 2016 Court clears journalist in case brought at interior minister’s behest Help by sharing this information last_img read more

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Hillsides Peer Resource Center Marks Three-Year Anniversary, 1,200 Young People Helped

first_img First Heatwave Expected Next Week Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Subscribe Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News HerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeauty7 Tips To Rejuvenate Winter Dry, Chapped LipsHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeauty Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday More Cool Stuff Name (required)  Mail (required) (not be published)  Website  Top of the News center_img 2 recommended0 commentsShareShareTweetSharePin it Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Make a comment Business News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Hillsides Youth Moving On Peer Resource Center (PRC), a one-stop shop of centralized support for transition age young people aged 16 to 25, is celebrating its three-year anniversary on June 22, 2016 from 12:00 p.m.- 3:00 p.m. at the Youth Moving On building at 650 North Oakland Avenue, Pasadena.The celebration is free and open to the public.The June 22 celebration will include food, games, a resource and housing fair, giveaways, and a DJ.Those interested in attending do not need to R.S.V.P.Parking is located adjacent to the event at the PRC garage, located at 456 E. Orange Grove Blvd., Suite 140, Pasadena. For more information, please email [email protected] opening its doors three years ago, the PRC has helped some 1,200 youth gain needed services, resources, and training. Of these youth, 650 have participated in a workforce development program, 500 have been provided with mental/emotional health support services, and 400 have received housing assistance.The PRC also assists youth in meeting basic needs, such as food, hygiene products, school supplies, and internet/computer access, and runs wellness and resource fairs. It has formed partnerships with many other organizations across Los Angeles and the San Gabriel Valley, including the city of Pasadena, the Department of Children and Family Services, the Housing Rights Center, and the California Youth Connection, which helps California foster youth to learn leadership and advocacy skills.“The PRC has filled a much-needed gap in the community, and we look forward to continuing to provide youth with the services and programs they need to transition to stable and successful adulthoods,” says Hillsides Chief Executive Officer Joseph M. Costa.The PRC is part of Hillsides Youth Moving On program, which provides youth formerly in foster care with affordable quality housing and other support services. Youth Moving On is one of Hillsides four core programs, which also includes therapeutic residential services, Hillsides Education Center for students in kindergarten through 12th grade with learning and/or behavioral challenges, and Family Resource Centers that offer community-based programs and services.Hillsides, founded in 1913, is a premier provider of child welfare services serving more than 6,200 children, youth, and families throughout Los Angeles County, including Echo Park, Baldwin Park, and the San Gabriel Valley. For more information, please visit www.hillsides.org. Community News Hillsides Peer Resource Center Marks Three-Year Anniversary, 1,200 Young People Helped Celebration Open to Community Planned for June 22 From STAFF REPORTS Published on Wednesday, June 8, 2016 | 1:30 pm Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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Limerick talent gets on the global stage at ACI

first_imgNewsBusinessVideoLimerick talent gets on the global stage at ACIBy Staff Reporter – February 7, 2019 1684 Treaty Talk EP128: 2020 Hurling All Stars Special Previous articleCast announcement for Angela’s Ashes the musicalNext articleCall for bus lane on UL campus Staff Reporterhttp://www.limerickpost.ie Limerick Post Show | Ann Blake launches a new podcast The Breakdown EP151: Munster’s Defiant Sportsground Stand & Fixture Chaos Advertisement Email Twitter TAGSbusinessInterviewNewspodcast Shane Blake, ACI. Pic: Cian ReinhardtWorking for a company that deals with $1 million in payments every second has been a hugely rewarding experience for Shane Blake who talks to Andrew Carey about the many reasons why Limerick is proving such a popular attraction for overseas investors.“THE art of doing good business is being a good middle man.”That line from the 2004 movie Layer Cake probably best encapsulates what ACI Universal Payments does on a global scale.Sign up for the weekly Limerick Post newsletter Sign Up And when HR manager Shane Blake clicks his fingers every second, $1 million dollars would have passed through ACI’s worldwide payment systems.“We are a technology company but what we are doing is payment systems for banks and we have $14 trillion dollars a day going through our systems all over the globe.”During his five years with the company, Shane has watched it grow from a head count of 20 to over 100 and still growing.Now in their third building since setting up in Ireland, ACI Universal Payments is located in the former Flextronics building in Castletroy.“Because ACI was looking to set up a European based data centre, finding the right location was key.“Our customers didn’t want third party hosts for their data, they want us to handle it so we have complete responsibility for the data centre.“The Limerick data centre is the largest outside of the US so when they were looking for a building, ACI had three or four locations throughout Europe on its radar.Continue Reading below….<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>“But with the availability of high calibre engineering talent and a strong site leader in Martina Power, who rose through the ranks to become global Vice President of software engineering, Limerick was very high on the list.“Limerick was an obvious choice for setting up the data centre in the ACI network with its strong track record over the years.“It’s ironic that the Irish weather is on our side but little variances in temperature can be important. We also have an excellent working relationship with the US management team and how our timezone is also an advantage. All of these line up in our favour.”And for Shane, who is a former recruiter with employment agency CPL, the availability of talent in the region cannot be overestimated.“Our senior executive VP and leader of product development wants to continue to expand the Limerick site because the calibre of managers and individual contributing engineers is second to none.“If you go back ten years or so, you had Galway, Cork and Dublin where the majority of companies investing were in the tech sector employing software engineers, network engineers for the data centre or systems engineers.“These cities are where some of our talent pool is coming from. The majority of those graduates were moving to Galway and FDI companies followed them. Galway soon became saturated with people jumping jobs every year and it looked like attrition rates were high.“We are a global player in the payments industry, handling $14 trillion dollars a day, but most people will never hear about ACI like they would other consumer brands.“We are handling payments transactions for banks and retailer like a middle man and there is huge responsibility and security that goes with it.”Working in HR, Shane is well aware that acquiring top talent is always the goal and having the right environment is key.“In late 2016, when ACI opened their data centre, there was a tech job announcement every Monday for four weeks. They were all tech companies and Limerick was fast becoming a tech hub where everyone was looking for this talent.“ACI was probably the new kid on the block and while that might not be the case anymore, our attrition rate is still very low for industry standards in Ireland.“We have people moving from other locations outside of Ireland but we haven’t had to attract outside of the ACI family much as of yet.“The perception of Limerick is that we are getting very good talent here and they are good communicators and engineers so a key thing for us is that these guys are not just sitting at a desk.”With almost 5,000 across the ACI network, Limerick is seen as a development site so ACI’s headcount here could rise to 200 over the coming years.Along with Limerick’s recognition on the international stage, Shane also derives enormous satisfaction from seeing new recruits grow their careers at ACI.“There is a great sense of satisfaction in seeing ACI look after that person’s career because we have been able to retain them through the culture that has been created here.“We have a high performance culture here and we try to hire top talent. It’s not the person who got top of the class but those who are interested and have a passion for it.”“The tech sector has become more competitive and people want more flexibility in their lives, so keeping a balance in that flexibility is key.  It’s not just the employees as employers need to be agile too.“There is a culture here where we allow people to grow their career but we also provide them  with a good work-life-balance.”He also believes that people should take more risks in their careers and look for good quality mentoring.“Since joining ACI, I report into the US arm and by nature they are very good at that whole ‘anything is possible scenario’ and I liked that. In the end, it all amounts to a simple mantra, don’t let failure define you”.See more at careers.aciworldwide.comcenter_img Print WhatsApp Linkedin RELATED ARTICLESMORE FROM AUTHOR Treaty Talk EP129: End of Season Club Awards Treaty Talk EP138: Billy Lee’s footballers seek promotion spot with both Camogie sides and Ladies Footballers in action Facebook Limerick Post Show | Villiers School Podcastlast_img read more

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Loan Performance Report Reveals ‘Good News’

first_imgSign up for DS News Daily  Print This Post About Author: Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago November 23, 2020 841 Views Loan Performance Report Reveals ‘Good News’ 2020-11-23 Christina Hughes Babb Share Save The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Related Articles in Daily Dose, Featured, News Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago According to a representative from Black Knight, their data analysts’ monthly loan-performance report contains “pretty much good news all around, though most of it is the slow-and-steady-wins-the-race variety.”In summary, mortgage delinquencies continued to improve in October, falling another 3.3% from September to reach the lowest level since March (6.44%). Month-over-month, there are 105,000 fewer past-due mortgages in October.Five consecutive months of improvement notwithstanding, there are almost twice as many delinquencies as there were at the start of the year. In total, 3.4 million homeowners are past due on their mortgages.Serious delinquencies—loans 90 or more days past due—improved as well, but there are still more than 5 times as many as there were pre-pandemic. There are roughly 1.8 million more serious delinquencies than at the start of 2020.Widespread COVID-19 foreclosure moratoriums continue to keep foreclosure activity at record lows, according to Black Knight. There were just 4,700 foreclosure starts in October, a nearly 90% year-over-year decline. And the number of loans in active foreclosure hit yet another record low at 178,000.Finally, record-low interest rates pushed prepayment activity higher, with October’s prepayment rate of 3.17% setting the highest single-month mark in more than 16 years.Find this and all of Black Knight’s monthly mortgage reports here. Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Loan Performance Report Reveals ‘Good News’ Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Revisiting Regulations for Nonbank Mortgage Lenders Next: Fannie Mae Recognized as a Top Company for Inclusion Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribelast_img read more

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